Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/10187
Title: Firm growth and market concentration in liner shipping
Authors: Luo, M 
Fan, L
Wilson, WW
Issue Date: 2014
Source: Journal of transport economics and policy, 2014, v. 48, no. part 1, p. 171-187 How to cite?
Journal: Journal of Transport Economics and Policy 
Abstract: Since its introduction in the 1950s, containerised shipping has grown dramatically. Accompanying this growth has been a substantial growth in concentration. In this paper, we theoretically identify the effects of firm growth on concentration, and then examine the determinants of firm growth using panel data methods. We find that growth rates depend on firm size and attributes such as its average vessel size and the rate of growth in demand, that the growth patterns of the top firms point to a clear trend of increasing concentration in the industry, and that they are dramatically enhanced by mergers and acquisitions.
URI: http://hdl.handle.net/10397/10187
ISSN: 0022-5258
Appears in Collections:Journal/Magazine Article

Access
View full-text via PolyU eLinks SFX Query
Show full item record

SCOPUSTM   
Citations

7
Last Week
2
Last month
Citations as of Dec 6, 2017

Page view(s)

77
Last Week
5
Last month
Checked on Dec 4, 2017

Google ScholarTM

Check



Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.